CoreCivic (CXW) to Release Earnings on Wednesday

Key Points

• CoreCivic will likely report Q1 2026 results after the market close on Wednesday, May 6, with analysts forecasting $0.295/share in EPS and $604.475 million in revenue; the earnings call is scheduled for May 7 at 11:00 AM ET.
• In the prior quarter (reported Feb. 11) CoreCivic topped estimates with $0.52 EPS and $603.95 million in revenue, representing a 26% year-over-year revenue increase, and analysts expect about $3.00 EPS for the current and next fiscal years.
• The stock trades around $20.57 with a market cap of $2.03 billion, institutional investors owning roughly 85.1% of shares, and Wall Street consensus is a “Moderate Buy” with a $32 average price target.

CoreCivic (NYSE:CXW - Get Free Report) will likely be issuing its Q1 2026 results after the market closes on Wednesday, May 6th. Analysts expect the company to announce earnings of $0.2950 per share and revenue of $604.4750 million for the quarter. Parties may visit the the company's upcoming Q1 2026 earning results page for the latest details on the call scheduled for Thursday, May 7, 2026 at 11:00 AM ET.

CoreCivic (NYSE:CXW - Get Free Report) last posted its quarterly earnings data on Wednesday, February 11th. The real estate investment trust reported $0.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.43 by $0.09. CoreCivic had a return on equity of 8.17% and a net margin of 5.27%.The firm had revenue of $603.95 million for the quarter, compared to the consensus estimate of $585.12 million. During the same quarter in the prior year, the business earned $0.39 EPS. The business's revenue for the quarter was up 26.0% compared to the same quarter last year. On average, analysts expect CoreCivic to post $3 EPS for the current fiscal year and $3 EPS for the next fiscal year.

CoreCivic Stock Up 1.6%

NYSE:CXW opened at $20.57 on Wednesday. The stock's fifty day moving average price is $19.19 and its two-hundred day moving average price is $18.80. CoreCivic has a 52-week low of $15.73 and a 52-week high of $23.54. The company has a debt-to-equity ratio of 0.86, a quick ratio of 1.66 and a current ratio of 1.66. The company has a market cap of $2.03 billion, a price-to-earnings ratio of 19.05 and a beta of 0.61.

Institutional Trading of CoreCivic

A number of large investors have recently made changes to their positions in the company. Rubric Capital Management LP increased its position in shares of CoreCivic by 140.6% in the 3rd quarter. Rubric Capital Management LP now owns 1,961,446 shares of the real estate investment trust's stock valued at $39,915,000 after buying an additional 1,146,166 shares in the last quarter. Balyasny Asset Management L.P. increased its position in shares of CoreCivic by 361.3% in the 2nd quarter. Balyasny Asset Management L.P. now owns 1,260,637 shares of the real estate investment trust's stock valued at $26,562,000 after buying an additional 987,375 shares in the last quarter. Invesco Ltd. increased its position in shares of CoreCivic by 45.3% in the 4th quarter. Invesco Ltd. now owns 1,162,854 shares of the real estate investment trust's stock valued at $22,222,000 after buying an additional 362,451 shares in the last quarter. Philosophy Capital Management LLC increased its position in shares of CoreCivic by 144.9% in the 3rd quarter. Philosophy Capital Management LLC now owns 1,021,373 shares of the real estate investment trust's stock valued at $20,785,000 after buying an additional 604,311 shares in the last quarter. Finally, Millennium Management LLC increased its position in shares of CoreCivic by 14.2% in the 4th quarter. Millennium Management LLC now owns 924,516 shares of the real estate investment trust's stock valued at $17,668,000 after buying an additional 114,981 shares in the last quarter. Institutional investors own 85.13% of the company's stock.

Wall Street Analyst Weigh In

CXW has been the topic of several research reports. JonesTrading reaffirmed a "buy" rating and set a $30.00 price objective on shares of CoreCivic in a report on Friday, February 13th. Benchmark initiated coverage on CoreCivic in a report on Tuesday, March 24th. They set a "buy" rating and a $28.00 price objective on the stock. Finally, Wall Street Zen raised CoreCivic from a "hold" rating to a "buy" rating in a report on Sunday, April 19th. Three investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus price target of $32.00.

About CoreCivic

CoreCivic, Inc NYSE: CXW is a real estate investment trust specializing in the ownership, management and operation of private correctional and detention facilities in the United States. The company enters into contracts with federal, state and local government agencies to house inmates and detainees in facilities that it owns or operates on a concession basis. In addition to traditional prison operations, CoreCivic provides specialized services such as community-based reentry programs, electronic monitoring and rehabilitation initiatives aimed at reducing recidivism.

CoreCivic's portfolio encompasses a mix of adult correctional facilities, immigration detention centers, residential reentry centers and other community-based programs.

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